A Checklist for a buyer to use when determining whether an acquisition of non-US assets or non-US equity is exempt under the Hart-Scott-Rodino Act (HSR Act). This Checklist discusses how to apply the foreign exemptions under Rule 802.50 and Rule 802.51, including how to identify non-US assets being acquired, and includes steps for determining if acquiring and acquired ultimate parent entities (UPEs) are US or non-US UPEs.